Meeting documents

Council
Wednesday, 5 December 2012

Date:
05 Dec 2012
Time:
7pm
Venue:
Council Chamber, Daneshill House, Danestrete, Stevenage, SG1 1HN
Contact:
Jackie Cansick
Tel:
01438 242216
Email:
committees@stevenage.gov.uk
Members:
All 39 Councillors

Agenda

Printer-friendly Agenda

*Supplementary Agenda

Summary of Decisions

PART I

1. APOLOGIES FOR ABSENCE AND DECLARATIONS OF INTEREST

2. MINUTES - COUNCIL - WEDNESDAY 10 OCTOBER 2012
To approve as a correct record the Minutes of the Council meeting held on Wednesday 10 October 2012.
Minutes attached

3. MAYOR'S COMMUNICATIONS
To receive any communications that the Mayor may wish to put before Council. 

4. MAIN DEBATE - FEELING THE HEAT
To receive a presentation on how this Council will work with partners  and the community to tackle the effects of rising energy costs.

5. PETITIONS AND DEPUTATIONS
None received.

6. QUESTIONS FROM THE YOUTH COUNCIL
None received.

7. QUESTIONS FROM THE PUBLIC
None received.

8. LEADER OF THE COUNCIL'S UPDATE
In accordance with the Council's Standing Orders, the Leader of the Opposition shall be given the opportunity to raise one matter relevant to the Borough that has arisen since the last meeting of the Council.

The Leader of the Council shall then have the opportunity to advise the Council of matters relevant to the Borough that have arisen since the last meeting.

9. NOTICE OF MOTIONS
None received.

10. QUESTIONS FROM MEMBERS TO COMMITTEE CHAIRS / PORTFOLIO HOLDERS
 None received.

11. MATTER REFERRED FROM THE EXECUTIVE - GAMBLING ACT 2005 - STATEMENT OF PRINCIPLES REVIEW
At its meeting on 20 November the Executive considered the report attached as Item 11 concerning the Gambling Act 2005 - Statement of Principles Review.

The Executive agreed the following recommendation to Council -

That the proposed Stevenage Borough Council Statement of Principles 2013-2016, set out at Appendix A to the report, drafted in accordance with the Gambling Act 2005, be approved.
Report attached
Appendix attached

12. MATTER REFERRED FROM THE EXECUTIVE AND THE AUDIT COMMITTEE - TREASURY MANAGEMENT STRATEGY STATEMENT AND ANNUAL INVESTMENT STRATEGY - MID YEAR REVIEW REPORT 2012/2013
At its meeting on 20 November the Executive considered the report attached as Item 12 concerning the Treasury Management Strategy Statement and Annual Investment Strategy Mid Year Review 2012/2013.

The Executive agreed the following recommendations to Council -

  1. That Council be recommended to approve the 2012/13 Mid-year Treasury Management Strategy and Annual Investment Strategy Review.
  2. That the amendments made by Council on 10 October 2012 to the Treasury Management Strategy ahead of the implementation of the Local Authority Mortgage Scheme (para 6.11) be noted, together with the updated authorised investments (Appendix B, revised Appendix A, attachment 3).
  3. That the amended strategy for Urgent Decisions on (i) the safe Haven status of the Government's Debt Management Office, and that unlimited funds may be placed with them; and (ii) the use of Money Market Funds up to a limit of 25% of total investments and limited to a maximum of £5 million in any one Money Market Fund, be noted.
  4. That Council be recommended to approve the updated Treasury and Capital Prudential Indicators as shown in Section 8 and in Appendix A of this report. The changes are in respect of:
    • Additional approvals to borrowing limits included in the September Capital Strategy; and
    • Amending the variable rate investment limit from £25 million to £35 million, reflecting a higher level of balances and the risk associated with fixing investments in the current market.

NOTE: The Audit Committee is to consider this report and the  recommendations to Council at its meeting on 4 December 2012. The outcome of that Committee's consideration of this matter will be reported to the Council meeting.
Report attached
Appendix A
Appendix B

13. OFFICER REPORT - PARLIAMENTARY CONSTITUENCY BOUNDARY CHANGES
To consider an officer report regarding the proposed changes to the Stevenage Parliamentary Constituency boundaries.
Report attached
Appendix attached 

*14. EXCLUSION OF PRESS AND PUBLIC

To consider the following Motion -

  1. That under Section 100(A) of the Local Government Act 1972, the press and public be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information as described in paragraphs 1-7 of Part 1 of Schedule 12A of the Act, as amended by SI 2006 No. 88.
  2. That Members consider the reasons for the following report being in Part II and determine whether or not maintaining the exemption from disclosure of the information contained therein outweighs the public interest in disclosure.

PART II

15. PURCHASE OF RESIDENTIAL PROPERTY
To consider an officer report regarding virements and the use of balances in the purchase of residential property.

Published:
26 November 2012
Republished:
27 November 2012